Biopesticides are a type of pesticides that are derived from natural sources such as plants, animals or minerals. Every year there is a heavy crop loss due to pests and diseases that have acquired resistance against chemical pesticides. With an intention to preserve the limited agricultural land available worldwide, and to fulfil the growing demand for organic food, biopesticides are extensively used for agricultural purposes. Government organizations are promoting the use of biopesticides to ensure cost effective crop production. Biopesticides are more affordable as compared to chemical pesticides and they assure complete crop protection against pests and harmful soil-borne bacteria. This report studies the current and future aspects of the biopesticides market
The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the biopesticides market. The scope of this report covers the biopesticides market by its major segments, which include the types, applications, and the major geographic regions.
KEY BENEFITS OF THE REPORT
KEY PREMIUM INDUSTRY INSIGHTS
The biopesticides market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The North America region holds the highest market share and is the largest revenue contributor of the biopesticides market. The region continues to dominate the global market due to increase in awareness among farmers about the benefits of using biopesticides. Rise in population and increasing demand for crop security is also favoring the progress of the market in this region. Next in line is the Asia-Pacific market which is witnessing a rapid growth of the biopesticides market due to increase in population. In addition, several multinational manufacturers in this region are investing in research and development activities of biopesticides, creating newer varieties that will aid in pest control and yield increment.
The research methodology for Scalar Market Research’s biopesticides market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.
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This report analyzes the biopesticides market by the following segments:
KEY MARKET PLAYERS
Key players in the biopesticides market include:
GEOGRAPHIC COVERAGE AND ANALYSIS
This granular market research report covers the following geographic regions in great detail:
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